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Brazilian Economic Outlook

The nation of Brazil is a nation that is very diverse in its people and its culture. With about one hundred seventy five million people, the country ranks fifth in the world in total population. Beginning in the sixteenth century, many European countries began to explore and settle the region. This led to the modern day blending of Portuguese, African, German, Italian, Spanish, Asian, Arabic, and Amerindian cultures. National demographics are very complicated and hard to classify because of the intermarriage of different races and cultures throughout generations. Though the predominant race is of white European descent (55%), over a third of the population (38%) is made up of those who are racially mixed, though some have argued that this number is as high as 75%. Unlike the United States, however, race is not a major social factor as much as socioeconomic status. Almost a third of the country lives at or below the poverty line.

The average Brazilian is about twenty-four years old and lives in an urban area. He makes more money than ten years ago, and is also having fewer children. The average monthly income has increased to $334, a one hundred dollar increase from 1991. The number of those who are

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Approximate Word count = 3260
Approximate Pages = 13 (250 words per page double spaced)

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